Work & Labour in Iceland

89 indicators covering work & labour for Iceland.

IndicatorLatest Year10-yr change Rank
Labor force participation rate for ages 15-24, female (%) 83.3% 2025 up 1.7% 1st
Labor force participation rate for ages 15-24, male (%) 81.0% 2025 up 3.2% 2nd
Labor force participation rate, total (% of total population ages 15+) 74.9% 2025 down 2.3% 17th
Labor force participation rate, male (% of male population ages 15+) 79.6% 2025 down 1.2% 28th
Ratio of female to male labor force participation rate (%) 87.9% 2025 down 2.7% 35th
Labor force participation rate for ages 15-24, total (%) 82.1% 2025 up 2.5% 2nd
Labor force participation rate, female (% of female population ages 15 84.0% 2025 down 2.2% 4th
Labor force participation rate, male (% of male population ages 15-64) 90.8% 2025 up 0.3% 4th
Labor force participation rate, total (% of total population ages 15-6 87.5% 2025 down 0.8% 3rd
Labor force participation rate, female (% of female population ages 15 70.0% 2025 down 3.8% 19th
Wage and salaried workers, male (% of male employment) 82.8% 2025 up 7.1% 39th
Employment in services, male (% of male employment) 67.4% 2025 up 2.3% 35th
Employment in services, female (% of female employment) 90.9% 2025 down 0.4% 27th
Wage and salaried workers, female (% of female employment) 91.3% 2025 up 1.4% 29th
Employment in industry (% of total employment) 18.2% 2025 up 2.3% 105th
Wage and salaried workers, total (% of total employment) 86.7% 2025 up 4.0% 35th
Contributing family workers, female (% of female employment) 0.1% 2025 down 45.4% 181st
Contributing family workers, male (% of male employment) 0.1% 2025 down 38.7% 170th
Contributing family workers, total (% of total employment) 0.1% 2025 down 42.5% 180th
Employment in industry, female (% of female employment) 7.4% 2025 up 6.3% 135th
Employment in industry, male (% of male employment) 27.4% 2025 down 0.9% 78th
Employment in services (% of total employment) 78.1% 2025 up 0.3% 28th
Self-employed, total (% of total employment) 13.3% 2025 down 20.2% 152nd
Self-employed, male (% of male employment) 17.2% 2025 down 24.4% 148th
Self-employed, female (% of female employment) 8.7% 2025 down 12.6% 158th
Employers, total (% of total employment) 4.9% 2025 up 3.1% 41st
Employers, male (% of male employment) 6.9% 2025 up 1.4% 35th
Employers, female (% of female employment) 2.5% 2025 up 2.4% 61st
Unemployment, youth female (% of female labor force ages 15-24) 8.1% 2025 up 22.2% 138th
Unemployment, youth male (% of male labor force ages 15-24) 9.2% 2025 down 12.2% 121st
Unemployment, youth total (% of total labor force ages 15-24) 8.7% 2025 up 1.1% 132nd
GDP per person employed 114,279 constant 2021 PPP $ 2025 up 8.6% 26th
Unemployment, total (% of total labor force) 4.5% 2025 up 13.1% 112th
Unemployment, male (% of male labor force) 4.5% 2025 up 15.0% 96th
Unemployment, female (% of female labor force) 4.4% 2025 up 8.6% 117th
Labor force participation rate, female (% of female population ages 15 72.0% 2025 down 9.6% 17th
Labor force participation rate, male (% of male population ages 15+) 79.1% 2025 down 8.3% 32nd
Labor force participation rate, total (% of total population ages 15+) 75.6% 2025 down 8.9% 17th
Labor force participation rate for ages 15-24, female (%) 84.0% 2025 up 2.5% 1st
Labor force participation rate for ages 15-24, male (%) 81.5% 2025 up 3.9% 2nd
Ratio of female to male labor force participation rate (%) 91.0% 2025 down 1.4% 23rd
Labor force participation rate for ages 15-24, total (%) 82.7% 2025 up 3.1% 2nd
Unemployment, youth total (% of total labor force ages 15-24) 9.5% 2025 up 7.6% 111th
Unemployment, youth male (% of male labor force ages 15-24) 8.8% 2025 down 19.5% 107th
Unemployment, youth female (% of female labor force ages 15-24) 10.2% 2025 up 51.6% 109th
Share of youth not in education, employment or training, female (% of 3.6% 2025 up 14.3% 183rd
Share of youth not in education, employment or training, male (% of ma 4.4% 2025 down 30.0% 180th
Share of youth not in education, employment or training, total (% of y 4.0% 2025 down 15.6% 182nd
Productivity: output per hour worked 75.65 international-$ in 2021 prices per hour 2023 up 22.9% 14th
Vulnerable employment, male (% of male employment) 10.3% 2025 down 35.4% 156th
Employment to population ratio, ages 15-24, female (%) 76.6% 2025 up 0.1% 1st
Employment to population ratio, ages 15-24, male (%) 73.5% 2025 up 4.7% 3rd
Employment to population ratio, ages 15-24, total (%) 75.0% 2025 up 2.4% 2nd
Vulnerable employment, total (% of total employment) 8.4% 2025 down 29.5% 159th
Employment to population ratio, 15+, female (%) 67.7% 2025 down 3.1% 16th
Employment to population ratio, 15+, male (%) 76.5% 2025 down 1.1% 27th
Employment to population ratio, 15+, total (%) 72.2% 2025 down 1.9% 17th
Vulnerable employment, female (% of female employment) 6.2% 2025 down 17.6% 164th
Unemployment with basic education 6.6% 2024 down 5.8% 66th
Unemployment with basic education, male 6.0% 2024 down 28.8% 64th